Increases in economic
benefits during the accounting period in the form of inflows or enhancements of
assets or decreases of liabilities that result in increases in equity, other
than those relating to contributions from equity
participants.

Intangible
asset

An identifiable
non-monetary asset without physical substance.

Interim financial
report

A financial report
containing either a complete set of financial statements or a set of condensed
financial statements for an interim period.

Interim
period

A financial reporting
period shorter than a full financial year.

Inventories

Assets:

held for sale in the ordinary course
of business;

in the process of production for
such sale; or

in the form of materials or supplies
to be consumed in the production process or in the rendering of services.

Inventories encompass
goods purchased and held for resale including, for example, merchandise
purchased by a retailer and held for resale, or land and other property held for
resale. Inventories also encompass finished goods produced, or work in progress
being produced, by the entity and include materials and supplies awaiting use in
the production process. In the case of a service provider, inventories include
the costs of the service for which the entity has not yet recognised the related
revenue.

Investing
activities

The acquisition and
disposal of long-term assets and other investments not included in cash
equivalents.